Author: Seoul Reporter

[ad_1] LG Power Resolution has teamed up with United States startup South 8 to collectively develop space-rated lithium-ion batteries, the Korean battery large mentioned Wednesday.LG Power Resolution and South Applied sciences signed a “strategic partnership for aerospace battery cell analysis and improvement.” The settlement marks LG Power Resolution’s foray into the aerospace battery market, which requires applied sciences that may face up to harsh environments together with excessive low temperatures.Based in 2013, South 8 makes a speciality of electrolyte, a key materials for rechargeable batteries. It was acknowledged as one in all TIME journal’s Finest Innovations of 2024 with its…

[ad_1] Kim Jae-min, a senior designer at Korea Minting and Safety Printing Corp. (KOMSCO), is presenting a solo exhibition that highlights the fragile steadiness between artistry and safety in foreign money design.Titled “Portraits of Objects: Tales of Silent Beings,” the exhibition runs from Nov. 4 to 23 on the Forex Museum of Korea in Daejeon, operated by KOMSCO.This marks Kim’s first solo exhibition after greater than 22 years on the state-run KOMSCO — Korea’s sole producer of banknotes and cash — the place he has mastered the artwork of mixing aesthetic expression with superior anti-counterfeiting applied sciences.“This exhibition originated from…

[ad_1] Theodore Koenig, chairman, CEO and founding father of Monroe Capital Deglobalization, pushed by commerce protectionism, deregulation and reshoring, is reshaping the funding panorama, with the US present process its most important coverage shift in 4 a long time.Nevertheless, personal credit score stays one of the vital resilient asset courses, providing predictable returns and engaging yields, in addition to inflation hedge, stated Theodore Koenig, chairman and founding father of Monroe Capital.Personal credit score is the quickest rising different asset class, well-positioned to capitalize on tighter financial institution rules and ongoing public market volatility, because of its low correlation with conventional…

[ad_1] A particular counsel group detained former Prime Minister Hwang Kyo-ahn Wednesday on fees of inciting an rebellion following former President Yoon Suk Yeol’s imposition of martial regulation.Hwang, who served beneath former President Park Geun-hye, made Fb posts following the martial regulation imposition Dec. 3 to name for the eradication of pro-North Korea forces and people concerned in alleged electoral fraud.He additionally referred to as for the arrest of Nationwide Meeting Speaker Woo Received-shik after which Individuals Energy Celebration chief Han Dong-hoon.Investigators from particular counsel Cho Eun-suk’s group executed a detention warrant for Hwang at his house in Seoul’s Yongsan…

[ad_1] Korean steelmaker POSCO Group stated Wednesday it is going to make investments 1.1 trillion gained ($750 million) to safe lithium sources in Australia and Argentina to bolster its rechargeable battery supplies enterprise.POSCO will purchase a 30 % stake in a subholding firm to be established by Australian miner Mineral Assets (MinRes) for 1 trillion gained, the corporate stated in a press launch.The funding will enable POSCO to safe 270,000 tons of lithium focus per yr from the Wodgina and Mt. Marion mines operated by MinRes in Western Australia. The provision is enough to supply 37,000 tons of lithium hydroxide,…

[ad_1] A view of the Wadjina lithium mine in Western Australia, owned and operated by Australian Mineral Assets (Picture courtesy of POSCO Holdings) POSCO Holdings will make investments 1.2 trillion received in Australia and Argentina to safe world lithium useful resource provide chains. The corporate’s technique is to realize each enhanced lithium value competitiveness and steady uncooked materials procurement by aggressive funding. POSCO Holdings disclosed on Nov. 12 that it plans to accumulate a 30% stake in Lithium Co. (tentative identify), an intermediate holding firm to be established by Mineral Assets, Australia’s main mining firm,…

[ad_1] The overseas minister of Laos has arrived in Pyongyang, North Korea’s state media reported Wednesday, nearly a month after the leaders of the 2 nations held summit talks within the North in October.A delegation, led by Thongsavanh Phomvihane, the overseas minister of the Southeast Asian nation, arrived in Pyongyang the day prior to this upon invitation by the North’s overseas ministry, the Korean Central Information Company (KCNA) mentioned.The KCNA didn’t present additional particulars on the aim or length of the go to, however the transfer raised views that the delegation will doubtless focus on follow-up measures following summit talks…

[ad_1] A meals stall at Seoul’s Gwangjang Market that confronted a storm of criticism for allegedly overcharging a buyer has been suspended for ten days.In keeping with the Gwangjang Market Retailers’ Affiliation on Tuesday, the stall will shut down from Dec. 10 to 19. The affiliation stated it met with Jongno District Workplace on Dec. 6 and 10, and selected the suspension after inner discussions.“The case brought on important public concern, so we imposed a ten-day suspension,” the affiliation stated. The seller was stated to have requested for the penalty to be issued shortly and voluntarily closed the stall beginning…

[ad_1] With their midfield corps decimated by accidents, Korea will lean on new faces to select up the slack in a pleasant match in opposition to Bolivia this week.Korea, world No. 22, will host 76th-ranked Bolivia at 8 p.m. Friday at Daejeon World Cup Stadium in Daejeon, some 140 kilometers south of Seoul.This would be the first of two matches for Korea through the closing worldwide window for this 12 months. The Taegeuk Warriors will deliver Ghana to Seoul World Cup Stadium at 8 p.m. Tuesday.Coached by Hong Myung-bo, Korea will probably be with out three key midfielders for these…

[ad_1] A fifth physique was recovered from below a collapsed boiler tower at a thermal energy plant within the southeastern metropolis of Ulsan on Wednesday, leaving two staff nonetheless trapped, firefighting authorities stated.The physique belonged to one among two staff who couldn’t be situated within the rubble of the 63-meter tower that collapsed final Thursday.The invention got here after authorities blew up two different boiler towers close to the particles Tuesday to assist velocity up the search and rescue efforts.Towers 4 and 6, which flanked Tower 5 that collapsed, had been an obstacle within the search efforts as a result…